WorldCat Linked Data Explorer

Turtle N-Triple JSON-LD RDF/XML HTML Contact Us Home

http://worldcat.org/entity/work/id/1090345788

Spillover effects of exchange rates a study of the renminbi

"This paper estimates how changes in China's exchange rates would affect exports from competitor countries in third-country markets - in other words, the 'spillover effect.' The authors use recent theory to develop an identification strategy, with a key role for the competition between China and its developing country competitors in specific products and export destinations. Using disaggregated trade data, they estimate the spillover effect by exploiting the variation across different exporters, importers, products, and time periods. They find a spillover effect that is statistically and quantitatively significant. Their estimates suggest that a 10-percent appreciation of China's real exchange rate boosts a developing country's exports of a typical four-digit Harmonized System product category to third markets by about 1.5 to 2 percent on average. The magnitude of the spillover effect varies systematically with the characteristics of products, such as the extent to which they are differentiated."

Open All Close All

type

about

http://schema.org/about

author

contributor

creator

description

http://schema.org/description

  • ""This paper estimates how changes in China's exchange rates would affect exports from competitor countries in third-country markets - in other words, the 'spillover effect.' The authors use recent theory to develop an identification strategy, with a key role for the competition between China and its developing country competitors in specific products and export destinations. Using disaggregated trade data, they estimate the spillover effect by exploiting the variation across different exporters, importers, products, and time periods. They find a spillover effect that is statistically and quantitatively significant. Their estimates suggest that a 10-percent appreciation of China's real exchange rate boosts a developing country's exports of a typical four-digit Harmonized System product category to third markets by about 1.5 to 2 percent on average. The magnitude of the spillover effect varies systematically with the characteristics of products, such as the extent to which they are differentiated.""@en
  • ""This paper estimates how changes in China's exchange rates would affect exports from competitor countries in third-country markets - in other words, the 'spillover effect.' The authors use recent theory to develop an identification strategy, with a key role for the competition between China and its developing country competitors in specific products and export destinations. Using disaggregated trade data, they estimate the spillover effect by exploiting the variation across different exporters, importers, products, and time periods. They find a spillover effect that is statistically and quantitatively significant. Their estimates suggest that a 10-percent appreciation of China's real exchange rate boosts a developing country's exports of a typical four-digit Harmonized System product category to third markets by about 1.5 to 2 percent on average. The magnitude of the spillover effect varies systematically with the characteristics of products, such as the extent to which they are differentiated.""
  • "This paper estimates the impact of China's exchange rate changes on exports of competitor countries in third markets, which we call the "spillover effect". We use recent theory to develop an identification strategy in which competition between China and its developing country competitors in specific products and destinations plays a key role. We exploit the variation - afforded by disaggregated trade data - across exporters, importers, product, and time to estimate this spillover effect. We find robust evidence of a statistically and quantitatively significant spillover effect. Our estimates suggest that a 10 percent appreciation of China's real exchange rate boosts on average a developing country's exports of a typical 4-digit HS product category to third markets by about 1.5-2 percent. The magnitude of the spillover effect varies systematically with product characteristics as implied by theory."

genre

http://schema.org/genre

  • "Electronic books"

name

http://schema.org/name

  • "Spillover effects of exchange rates : a study of the Renminbi"
  • "Spillover Effects of Exchange Rates a Study of the Renminbi"
  • "Spillover Effects of Exchange Rates: A Study of the Renminbi"
  • "Spillover Effects of Exchange Rates A Study of the Renminbi"
  • "Spillover effects of exchange rates a study of the renminbi"@en
  • "Spillover effects of exchange rates a study of the renminbi"
  • "Spillover effects of exchange rates : a study of the renminbi"@en
  • "Spillover effects of exchange rates : a study of the renminbi"

workExample